Inflation keeps money market down

MONEY market instruments in Zimbabwe are likely to remain unviable in the short-term as the country’s inflation is seen remaining high, a wealth management firm has said.

Zimbabwe’s month-on-month inflation declined from 6,99 percent in February to 6,31 percent in March, but annual inflation escalated from 66,11 percent to 72,70 percent over the same period and the country remains among the five worst inflationary economies gl